Faridabad
Haryana is to get Rs 16.68 crore from the Central Government for making nine cities of the state sum free under the Rajiv Awas Yojana. This nine cities include Gurgaon and Faridabad along with Karnal, Panchkula,Panipat, Ambala, Yamunanagar and Hisar. An amount of Rs 1.51 crore has already been released for conducting the survey and in [...] Continue Reading »
Real estate sector of Delhi NCR remained upward in 2012. Places such as Gurgaon , Faridabad, Noida and Greater Noida witness new launches in the first quarter 2013 and have grown as the new residential areas. Land Craft Developers said that after getting good response for their two projects – River Heights in Raj Nagar [...] Continue Reading »
Faridabad- Faridabad real estate is emerging as a hotspot destination for long-term investments in Delhi-NCR. The industrial growth and infrastructural development in the city promises vast growth opportunities for real estate sector. The rapid industrial growth in Faridabad is the key driving factor for investments in this region. Besides, tough competition from neighboring prime real [...] Continue Reading »
Faridabad- Neharpar, which is emerging as a mega city of Faridabad, has been luring investors with its fast-growing realty prospects. Neharpar is expected to be developed as another Noida or Gurgaon. Many long-term investors are showing interest in buying properties in Neharpar area. Neharpar is spread across sectors including Sector 75, 76, 81, 82, 85 [...] Continue Reading »
New-Delhi- For a plotted development project in Faridabad, Haryana has been funded by India Infoline group’s PE arm known as IIFL Domestic Series 1. A whopping sum of about Rs. 75 Cr (approximately $13.9 mn) has been invested. The project has been developed by Assotech Ltd. with developers constructing the basic infrastructure on these type of [...] Continue Reading »
Delhi NCR- National Green Tribunal (NGT) has issued notices to the principal conservator of forest and the chief secretary of Haryana, with regard to the encroachment of common hilly and forest land in Aravalis by private builders. The issue was brought to the notice of the Green Tribunal through a news report considering the possible [...] Continue Reading »
Panchkula- In a recent technological innovation, the Haryana state pollution control board (HPSCB) is all set to launch the light emitting electronic display (LED) system in Panchkula’s Sector 6. This technology will help in maintaining the pollution records of the city. This step was taken due to launch of four continuous ambivalent air quality monitoring stations in the [...] Continue Reading »
New Delhi- Now commuters from South Delhi to Gurgaon and Faridabad need not fret about the traffic as the Delhi Government has decided to come up with a construction of a four-lane road stretching from Mehrauli-Gurgaon Road to Gurgaon-Faridabad road. This project is funded by the urban development ministry with Rs. 597- crore. The road will measure [...] Continue Reading »
Faridabad‘s commercial real estate is all set to undergo significant change. A large number of business and IT Parks are coming up in the city, which will push the commercial scenario in the city. The commercial sector has already noted an average escalation of 8-10 per cent in past six months. Faridabad-Mathura Road is the [...] Continue Reading »
There has been considerations regarding verticalisation of Delhi in the new master plan for 2021 by allowing higher floor area ratio (FAR) in the city. The aim behind such plan is to increase housing stock and rejuvenate some old commercial areas. Property rates in Delhi, especially in the south and central parts, have soared to [...] Continue Reading »
